Amidst controversies, global IT giant Hewlett Packard has decided to drop its plans for a Special Economic Zone in Bangalore
Chief Minister Shivraj Singh Chouhan is likely to make an announcement in this regard on the occasion of Gandhi Jayanti.
"The special spiritual zone will be created in Chitrakuta to build infrastructure through private-public partnership for pilgrims.
There are about 400 unused airports and airstrips across the country.
The dilemma over acquiring of farmland for special economic zones without hurting the interests of the farmers came up for discussion at the India-US Forum of Parliamentarians organised by Asia Society in New York.
In another instance, a foreign partner of a notified SEZ had already procured equipment abroad for setting up the units but could not send them to India as all proposals were put on hold.
Within 24 hours of justifying the setting up industries, including special economic zones on agricultural land, Nobel Laureate Muhammad Yunus backtracked on Monday.
Tata Consultancy Services, Infosys and Essar were among 17 aspirants, who were granted in-principle approval by the government on Monday for setting up Special Economic Zones.
On Wednesday, a police party, including DIB's Sadhu Chatterjee, went to the area for routine enquiry. But soon they were surrounded by a large mob, which assaulted them.
A number of projects aimed at attracting IT investment nearing completion in cities like Madurai, Coimbatore and Trichy.
Assembly elections in three states may delay fresh clearances to the politically sensitive Special Economic Zones, though 41 of them including those promoted by Tata, Infosys and Wipro were up for notification
The government on Friday the proposals of telecom giants Motorola and Foxconn, and Singapore-based reality major Ascendas to join as partners in the Special Economic Zones coming up near Chennai.
Tata Steel's global footprint is spreading at a furious pace.
Citigroup Property Investors has invested Rs 640 crore (Rs 6.4 billion) in four special economic zones (SEZs) being developed by the Delhi-based property developer BPTP, picking up a 40 per cent stake in the special purpose vehicle. BPTP is developing a 25 acre SEZ in Noida, 100 acre SEZ in Greater Noida, 54 acre SEZ in Faridabad and 27 acre SEZ in Gurgaon, with a total saleable space of 20 million square feet. The company has 10 ongoing projects spread across 34.66 mn sq ft.
In the light of the controversy over the takeover of agricultural land to establish SEZs, we reproduce a letter from the Economic and Political Weekly, where Admiral L Ramdas draws attention to the ouster of 50,000 farming families in Alibaug.
The government has put the brakes on fresh approval and notification of zones beyond the 63 already notified.
The meeting of the empowered group of ministers on special economic zones could not reach any firm view on on Monday while the government will take the rehabilitation policy to the Cabinet next month.
VSNL intends to set up the unit through its wholly owned subsidiary, VSNL Global Services.
BoA has given formal approval to 15 special economic zones, including those of TCS and Cognizant, and in-principle nod to five, Commerce Secretary and BoA Chairman G K Pillai told reporters after the meeting in New Delhi.
With Rs 67,550 cr, Reliance leads investors' pack to Vibrant Gujarat.
The price surge at Jhajjar has more to do with skyrocketing land prices near the SEZ site plus a recent rumour that the Haryana government may increase the minimum price for land acquisition to more than Rs 55 lakh (Rs 5.5 million) per acre.
The East Midnapore District Superintendent of Police A K Dutta told PTI that there had been no incident of violence.
SEZs should be judged in the same way you would many other export promotion schemes such as Drawback, Duty Entitlement Pass Book and Export Promotion Capital Goods while discussing indirect taxes.
Protests by farmers to land acquisition notwithstanding, the SEZ juggernaut is all set to move on when the high-powered Board of Approvals takes up 37 more proposals, including two from Maharashtra, on Wednesday.
Roadblocks have been put up at some places on the road from Nandigram to Hazra Kata and the police had to march in those stretches.
Meanwhile, Trinamool Congress claimed that the bullet-riddled body, which was recovered from Kangra village was that of a party supporter.
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
Over 1,00,000 acres will be taken over by the Chhattisgarh, Jharkhand, Orissa and West Bengal governments or government agencies
The Bharatiya Janata Party on Sunday attacked the Congress-led government at the Centre for its economic policies, saying these had resulted in steep price rise and an agriculture crisis
Seeks SEZ status for 12 million tonne steel unit.
The stock jumped 12.9 per cent to Rs 95.80 at Bombay Stock Exchange.
Software industry association Nasscom has sought continuation of software technology parks of India scheme where companies get tax benefits, till 2019.
First reversal after last year's protests in the state.
Earlier, the government had prohibited use of second hand machinery in SEZs to prevent migration of units from Domestic Tariff Area to the tax free zones.
CA Computer Associates India Pvt Ltd, which has an approval for setting up an infotech SEZ in Ranga Reddy district of Andhra Pradesh, has informed the commerce ministry that it is withdrawing its application.
The hubs will feed Europe, US and the Gulf.
Developers will soon be allowed to transfer used plant and machinery of up to 20 per cent of their total capital goods requirement to special economic zones they set up.
Leather exporters have chalked out plans for setting up five special economic zones for giving a much-needed boost to the sector by availing tax incentives offered under the SEZ Act.
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